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China TiO2 suppliers risk losing market share on price hikes

Focus China TiO2 suppliers risk losing market share on price hikes

Focus article by Alexis Gan

SINGAPORE (ICIS)--China’s titanium dioxide (TiO2) suppliers have been raising offers given their low inventory, but they risk losing market share to European and North American competitors, which are quoting lower prices, industry sources said on Monday.

TiO2 exports from major Chinese suppliers were available last week at $1,900-2,000/tonne FOB (freight on board) China, with the prices expected to increase by around $50/tonne for May cargoes, they said.

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